https://www.taxtmi.com/caselaws?id=174453 The legal expenses incurred by the Respondent Company in defending an action disputing its title to property in the United States were held to be deductible for income-tax purposes. The court found that the expenses were wholly and exclusively laid out for the purposes of the Company's trade and were classified as revenue expenditure rather than capital. The decision of the Commissioners allowing the deduction was upheld, and the appeal was dismissed with costs. en-us Wed, 16 Oct 1940 00:00:00 +0530 Thu, 08 Oct 2015 15:12:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174453 The legal expenses incurred by the Respondent Company in defending an action disputing its title to property in the United States were held to be deductible for income-tax purposes. The court found that the expenses were wholly and exclusively laid out for the purposes of the Company's trade and were classified as revenue expenditure rather than capital. The decision of the Commissioners allowing the deduction was upheld, and the appeal was dismissed with costs. Case-Laws Income Tax Wed, 16 Oct 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174453